Central Coast granny flat maximises ROI for property investor
We often talk about the different uses for a Central Coast granny flat and many property investors have caught on to the benefits of maximising their yield by building a granny flat.
This recently completed granny flat was well thought-out by the owners, with the addition of a large covered carport off the granny flat, so that both tenants have access to off-street parking. In addition, there is a colorbond fence to separate the dwellings and provide privacy.
2-Bedroom Granny Flat Design
This Gorokan granny flat is a 2-bedroom Elanora design, which means it has a long open plan kitchen, dining and living space, a combined bathroom and laundry and two sliding door entry points.
The exterior has been finished in a modern white and grey colour scheme, which has been continued inside with white kitchen cabinetry, light grey walls with white trim and a durable but stylish vinyl plank flooring in the living areas.
Positively Geared Granny Flat Investment
This Central Coast granny flat has an expected result in the owner achieving a rent of $330 which is a 13% return on investment.
Contact us today to find out more about our granny flat options.
Related Blog Posts
- 5 reasons why granny flats are a great investment
- Newcastle granny flat receiving return on investment of 22%
- Lake Macquarie granny flat makes the perfect investment property
- Ultimate guide to granny flat prices
Example Of How A Granny Flat Can Put Money In Your Pocket
Below is a simple example of how you could have a positively geared investment earning you $10,000 per year.
RETURN ON INVESTMENT CALCULATOR
Disclaimer
This calculator is designed to be used as an indication only, and when used alone, does not constitute investment or financial advice. Backyard Granny's strongly recommended you seek the advice of a financial services professional before making any type of investment. The calculator results show the value your property could increase by when adding a granny flat.
